Episode Transcript
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Speaker 1 (00:00):
Selling Houses Australia is back for its seventeenth season. Ladie
and I are very excited. We are big partakers in
real estate porn. Andrea Winter is joining us now, good morning.
Speaker 2 (00:13):
Andrew, good morning, because I mean I'm a porn actual there.
Speaker 3 (00:16):
You are, yeh yeah, real estate porn.
Speaker 1 (00:20):
Of course, we love it. We love to just.
Speaker 2 (00:25):
Draw from a far Thank goodness you do, because otherwise
I wouldn't still be hereafter.
Speaker 4 (00:32):
Eighteen seventeen seasons. Andrews first, congratulations on the long jeurney man, Yes,
thank you.
Speaker 2 (00:40):
You do know there was the UK version that I
did for about five years before it, so.
Speaker 3 (00:44):
Yes, add to the state of part of my life now.
Speaker 1 (00:47):
Yeah, yeah, yeah, Well where do you where do you
see trends heading at the moment with selling houses, with
renovating and so on.
Speaker 2 (00:57):
Oh look, you know it's really interesting because that the
last of five years that the COVID thing had a
massive impact on everywhere, including wa huge impact.
Speaker 3 (01:04):
Yeah.
Speaker 2 (01:05):
And then of course our building costs and supply materials
and all that rocketed. That now supply materials DEPPI has
calmed down. That's good, but building costs is still phenomenally
high and for most developers across Australia, including WA trying
to develop affordable or smaller homes and smaller units and
(01:26):
smaller townhouses is very difficult because not profit in it
at all, which means the supply of the entry level
first em buy a stock is minimal, which is why
fueling our market demand time supply is low, which is
not adding to that stop levels in in sectives that
we need We.
Speaker 1 (01:45):
Need to rethink the way we you know, do these things.
Speaker 2 (01:51):
Yes, partly, I mean there's some great things going on
for a lot of people in a lot of states
where you can now don't have to put down that
dreaded twenty or ten percent deposit. Youngsters can get in
with with five percent or a little bit less with
a state and government help, which to me is fantastic.
Interest rates are coming down a little bit very gradually.
Wages are good. Employment's good, I mean, you know, and
(02:14):
there is let's be honest, people will tell me off
of this, but apart from maybe prime bits of Sydney
and well actually not Melbourne anymore, that's super chip and
prime bits are perfor affordability is out there. The four
hundred thousand, five hundred might not You're not going to
get your dream home anymore. You're not going to get
your three bedroom house with a big backyard.
Speaker 3 (02:35):
It's going to be a unit or a townhouse.
Speaker 1 (02:37):
You know, That's what That's what I mean. Do we
maybe need to address what our expectations of you know?
And also you might not get your first place where
exactly where you want it absolutely.
Speaker 2 (02:48):
I mean you know, obviously both of you live in
huge mansions or Peppermint Grove, I would presume, so you
probably can't remember the days of struggling, but it's still
out there for a lot of people.
Speaker 4 (03:00):
Unless it's got one in Mosman Park as well.
Speaker 3 (03:02):
So I forgot that one. Yes, I forgot that actually
yes the time.
Speaker 4 (03:10):
Anyway, she's a squad Radio way Jed Andrew. I mean
the houses prices in Perth are ridiculously we would have
seen the Perth market and it has settled a bit
in some markets, but it is crazy those terms that
people were at five p fifty and now eight hundred
and it just goes up and goes up. But it's
also gotten to a point where people trying to downsize
(03:31):
with a big old house it's really not worth them
doing it. In a lot of cases they want to
get something newer and smaller.
Speaker 2 (03:38):
Yeah, and that's very tricky, and that comes back to
my thing is that the problem is that for buildings
and developers, the only profits at the moment are in
the larger houses, luxury apartments, all.
Speaker 3 (03:48):
That type of thing, because the figure stack up.
Speaker 2 (03:52):
But when they're at a very the more affordable set
to the market isn't adding up. So something has to
be done. And for once we can't blame the developers.
Speaker 1 (04:01):
Well, Andrew, it's called selling houses. What is your absolute
top tip for anyone preparing to sell their house when
it comes to, you know, the ascetic to things that
they can do something with.
Speaker 2 (04:15):
Look, my biggest tips always has never ever changed, and
that is if you have a friend or family member
or relatives that you genuinely value their opinion. Now, this
has got to be somebody that hasn't got bad tastes you,
They've got breatherly good taste you and them just just
go outside onto the street, even if you've got a
(04:36):
unit or a townhouse, SI look at the complex and
come into your property from just as a bar wood
on the first open and have a look around and
let them get and let them go. Well, you know
that mirror on the bedroom ceiling that you always thought
was a great idea, maybe isn't. Well I'm thinking of
your places again, isn't such a good idea?
Speaker 1 (04:56):
You know?
Speaker 2 (04:57):
Or look at what's that damp patch on this feeling?
Speaker 3 (05:01):
Yes, get it repairs.
Speaker 4 (05:03):
I'm glad.
Speaker 3 (05:07):
It's all going overview.
Speaker 4 (05:17):
Yeah, fair enough, fair enough, you're upping you still up
in Queensland? Ma, did you have to deal with cycle
on Elford?
Speaker 3 (05:23):
Yes? I did.
Speaker 2 (05:23):
We live less than one hundred meters from the well. Sorry,
there was a beach.
Speaker 3 (05:29):
Cliff.
Speaker 4 (05:31):
Yeah, they're bizarre.
Speaker 2 (05:32):
I mean I was hoping we're about three houses back.
I was hoping we'd lose a couple of them to
increase the value of my own home.
Speaker 3 (05:40):
Sadly that didn't happen.
Speaker 4 (05:42):
Yeah, but it is weird to say, those beaches that
have just ate the way people you just fall off
the age like a cliff.
Speaker 3 (05:50):
It is. It's so interesting because we tend to forget
all parts of Australia.
Speaker 2 (05:54):
You know, as soon as this happened here on the golcast,
then that comes the footage of it happening in the
seventies and the sixties.
Speaker 3 (06:00):
Of course it's all happened. It's all nothing's new, is it.
Let's be honest. I'm looking forward to it, has it?
Speaker 1 (06:05):
Yes, Yeah, I'm looking for an episode one tonight because
you're dealing with the house with a seventies circular floor plan.
And I mean I grew up in a seventies house,
a lot of orange, a lot of chocolate brown brick,
and it's always dear to my heart to see how
you deal with the old seventies, the odd seventies.
Speaker 3 (06:22):
Can I get out? Well?
Speaker 2 (06:25):
Can I just say that this is one design era
that was such a you seventies and eighties homes were
always such a negative for buyers in re up until
fairly recently, but now especially the sort of twenty and
thirty somethings.
Speaker 5 (06:39):
Yeah quite the almost yeah yeah, they have an affection
back to childhood and growing up unhappy time.
Speaker 2 (06:53):
And you know we're embracing the terra cotta and the browns.
Speaker 3 (06:57):
And is all coming back. Dead's building today. He doesn't
want a sunken landry clinker brick.
Speaker 1 (07:05):
Actually, actually I do like a sunken happen Yeah.
Speaker 4 (07:09):
Man, you'll have I have buyers walking with their orange
red stubba body shirts, you know, red stubber collar ones.
This girl here.
Speaker 3 (07:17):
I just wish we could all remember the seventies. I
mean way too.
Speaker 1 (07:22):
Yeah, yeah, yeah, it's all back tonight eight thirty Foxtail
and streaming on Binge. Andrew, thanks for joining us this morning.
Speaker 3 (07:31):
Thank you. I hope you enjoyed the season.
Speaker 1 (07:33):
Thank you, thank you.
Speaker 3 (07:34):
Bye.